China Mengniu Dairy Co (China Mengniu Dairy Co) Tax Rate % : 17.40% (As of Jun. 2023)

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What is China Mengniu Dairy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Mengniu Dairy Co's Tax Expense for the six months ended in Jun. 2023 was $90 Mil. China Mengniu Dairy Co's Pre-Tax Income for the six months ended in Jun. 2023 was $517 Mil. Therefore, China Mengniu Dairy Co's Tax Rate % for the quarter that ended in Jun. 2023 was 17.40%.

China Mengniu Dairy Co Tax Rate % Historical Data

The historical data trend for China Mengniu Dairy Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Mengniu Dairy Co Tax Rate % Chart

China Mengniu Dairy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.36

15.72

15.41

20.26

22.58

China Mengniu Dairy Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															19.21	12.17	34.52	17.40	29.93

China Mengniu Dairy Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

China Mengniu Dairy Co's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	188.985	/	932.678
	=	20.26 %

China Mengniu Dairy Co's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	89.967	/	517.116
	=	17.40 %

China Mengniu Dairy Co Tax Rate % Related Terms

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China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Mengniu Dairy Co Ltd (OTCPK:CIADF) » Definitions » Tax Rate %

Traded in Other Exchanges

CIADY:USA 02319:Hong Kong EZQ:Germany

Address

262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG

Website

https://www.mengniuir.com

China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

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